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please answer for B (Relatod to Cleckpoint 5.6) (Solving for ) You are considering investing in a security that will pay you $2,000 in 27
please answer for B
(Relatod to Cleckpoint 5.6) (Solving for ) You are considering investing in a security that will pay you $2,000 in 27 years. a. If the approprisle discount rate is 12 percent, what is the peesent value of this irwnstment? b. Assurne these invistments sell for $664 in return for which you receive $2,000 in 27 years. What is the rate of retuen investors eam an this investment if they buy it fer 5664 ? a. If the appropriate discount rate is 12 percent, the present value of this invetiment is (Round to the nearest cont) b. The rate of rotum investors can eam on this imvestment if they buy it for 5664 is Step by Step Solution
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